Monday, December 10, 2007

TVN Tip of the Week -- Plan for a Future That is Beyond Your Wildest Dreams

What Does Your Future Hold?

No matter how long a VA has been in business, having a strong and inspiring financial plan is a cornerstone to her future that should not be overlooked.

As businesswomen, sometimes we focus so much on our Marketing Plan, that our Financial Plan is easy to leave on a shelf, gathering dust.

Are we at a point where our business makes a profit month after month? If not, it is important to ask some basic questions when updating your financial goals:

  • Are your rates too low? (visit TVN's website for input on rates.)
  • Are you successfully managing your expenses?
  • Is your work flowing in a steady stream – or is it a flood at some times and barely a trickle at others?

If your business is at a profit level, it may be time to dust off the Financial Plan and set some new goals.

Remember that your business is not only your career, it is your future. Make sure to be adequately planning for your retirement, even if it seems far off, and speak to your insurance agent to determine if your disability insurance is robust enough to get you (and your business) through life’s unexpected rough spots.

And finally, ask yourself the Million Dollar Question: Are you building a business you could sell for a profit one day?

Does your Financial Plan plan for a future beyond your wildest dreams? If not, make one that does!

The Virtual Nation Expert Teleclass Series
Presents...

The Things Your Parents Never Told You
About Planning For The Future

Tuesday, December 11, 2007
10:00 am ~ 11:00 am Pacific

Click here for details


With Gratitude,

Michelle Ulrich, Chief Villager and President

Wednesday, December 5, 2007

Be Inspired -- By YOU

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Sometimes, when we get into a career, we end up almost imprisoned by our own aptitude. We may have specialized in one area of our jobs, just because as assistants, we can play almost any role that is thrown at us. But as we look for inspiration for our VA businesses, we need to take time to pause and reevaluate our goals. The obvious objectives are to have more time in our homes, to be financially grounded and successful, to have a host of clients and projects. Probably the most important goal of all, however, and the key that sets the stage for our entire business, is to do the creative and exciting work that we love.

Are you doing what thrills you, as a Virtual Assistant?

On your list of services, have you dared to include those things you enjoy the most? And if you don’t feel you have the level of necessary expertise to list those skills, have you made a plan of action to acquire them? If you love web design or desktop publishing or freelance writing, what are you doing to hone those skills? Remember WHY you have gone into business for yourself -- underneath all the other reasons, it is to have a life truly worth living.

As Virtual Assistants, we have taken a courageous step and left the traditional workplace. The next fork in that road is to do the work we love. Take stock in your business – if your work pays you well and you excel at it, but it leaves you uninspired, seek to add that project or skillset that you daydream about. Or if you are offering services that you hated in your old “office life,” this is the time to envision those fading and to see yourself as the star in your own show.

Give yourself the gift of a free few hours for a Goal Planning Session and dare to build a business plan constructed solely around skills you enjoy. This is your VA business, you can forge the road to your own future.


Ask yourself some simple (but not easy) questions:

- What was I leaving when I made the decision to become a VA?
Were you leaving the rigidity of an office? Were you tired of being treated like the lowest “man” on the totem pole – when really you were supporting the entire team on top of your own head. Were you exhausted by your commute?

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What were you hoping to find, personally, as a VA?
More financial freedom? Peace of mind? Work that excited you?

- Where do you want to take your business? Are you setting your business goals high enough?
Take some time and really think about, and list, your goals for your business. Do you see yourself building a business strong enough to sell when you retire? Are you hoping to build a truly 100% virtual business, so you can travel and take your “shop” and your clients with you.

- Finally, what are you doing to search out clients and market your company?
(For a multitude of great marketing ideas, visit the archived Ezine’s (The Vision) at the TVN website.)


Remember, As VA’s we are no longer forced to be chameleons, good at everything thrown at us – we are now free to embrace the unique and vibrant gifts that we each have, and to build our new businesses and lives around those talents.

(And if you need a little boost to help you even decide what those gifts are, a quick visit to the bookstore at the TVN website could be just what the doctor ordered. A great example: The Purple Cow, by Seth Godin.)


The Purple Cow: Transform Your Business by Being Remarkable

by, Seth Godin


And, if you need a BIG boost to help you get started, or to do some major Goal Setting, consider a private coaching session with the founder of The Virtual Nation, Michelle Ulrich.)


With Gratitude,
Michelle Ulrich, Chief Villager & President

Monday, December 3, 2007

Tip of the Week -- Be Inspired

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As business owners and entrepreneurs, we understand the stress and the challenge of hitting the mark every day, for every client and every project. We do our best to juggle work and home (and friends) and to keep all the players in the band encouraged and connected.

Being able to do this requires that we find (and create) a foundation of daily inspiration and support for ourselves as well.

Sometimes, about all we can manage in our busy lives is a few deep breaths throughout the day and a mental note to look around and appreciate how blessed we are. Remember, as challenging as it is to meet the financial needs of our business and to find great clients, we are the inspired few who bring our dreams of entrepreneurship into reality.

Joining VA communities (such as TVN and IVAA) will definitely net you some of the support you need – but finding inspiration to help us weather the storms of self doubt that will visit us all from time to time is a little trickier.

One such source of rich inspiration can be found at http://www.tut.com/. Begun in 1989, TUT embraces the BIG idea that we can create and embrace our own reality. A recent message we can all benefit from was sent last Friday, November 30:

Here are 3 sure-fire steps that will take you from wishing upon a star to being one:

  • Imagine your dreams as if they already exist.
  • Speak as if they already exist.
  • And act as if they already exist.

On TUT's website, you can sign up for similar, awesome motivations to be sent to you by email every day. This is the perfect answer to the busy VA who may only have those two minutes to begin her day with inspiration, enthusiasm and that important reminder that she is powerful,
brilliant and uniquely gifted to unravel the day ahead of her.

With
Gratitude,
Michelle Ulrich
www.thevirtualnation.com


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Saturday, December 1, 2007

Calculate This! 100 Financial Calculators Every Entrepreneur Needs




I just came across a wonderful directory of calculators and wanted to share it you.

If you you need to know how to 'value' your business prior to selling, no problem. It's in there.

If you need to know how to figure out the ROI of an email campaign, it's in there, too.







This directory has calculators for the following:
  • Pay Per Click ROI
  • Operating Profit Percentage
  • Loans
  • Debt Management
  • Investments
  • Taxes
  • Personnel
  • Personal Finance
  • Miscellaneous
  • and so much more
Check it out at Bootstrapper.com

Enjoy!

With Gratitude,
Michelle Ulrich, Chief Villager & President
________________________________________

The Virtual Nation
A community of learning. A nation of culture. A virtual village.
________________________________________

PO Box 3692, Citrus Heights, CA 95611
(916) 536-9799 Office | (866) 844-9360 Fax
Michelle@TheVirtualNation.com | www.TheVirtualNation.com
Michelle@MichelleUlrich.com | www.MichelleUlrich.com

"If it takes a village to raise a child, then it takes a virtual village to grow a successful business." ~Michelle Ulrich